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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Oscar Gonzalez2024-11-21T20:19:00
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice (DOJ) recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
In a 23-page filing Wednesday, the DOJ told District Court Judge Amit Mehta that forcing Google to separate itself from Chrome would be a necessary way to ensure Google’s monopoly over internet ads would come to an end.
The move wouldn’t just hit Chrome, however. The DOJ also suggested Google cleave its Android mobile software business in five years if the search market isn’t more competitive by that time. The DOJ also recommended Google be forced to share user and advertising data with its rivals, and remove any preferential treatment for its other businesses like YouTube in search results.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2021-06-16T15:53:00Z By Aaron Nicodemus
Lina Khan’s elevation to chair of the FTC on the same day her nomination was confirmed by the Senate signals the Biden administration’s intention to aggressively address antitrust issues.
2021-04-13T20:05:00Z By Jaclyn Jaeger
With a changing of the guard, the Federal Trade Commission is undergoing some major restructuring on the antitrust front. All told, it’s not just Big Tech and pharmaceutical companies that should be on alert.
2020-02-11T20:02:00Z By Aaron Nicodemus
The FTC will require the top five U.S. technology firms—Alphabet Inc. (Google), Amazon, Apple, Facebook, and Microsoft—to provide information on acquisitions not previously reported to the agency dating back 10 years.
2024-12-20T17:39:00Z By Aaron Nicodemus
USAA Federal Savings Bank has been hit with its third cease and desist order from the Treasury Department’s Office of the Comptroller of the Currency in the past five years for failing to correct unsafe and unsound banking practices.
2024-12-18T18:08:00Z By Adrianne Appel
Becton Dickinson medical device company will pay $175 million for “repeatedly” misleading investors about its Alaris infusion pump, a product the company knew was flawed and was sold without the required patient-safety approvals, the Securities and Exchange Commission said.
2024-12-17T20:57:00Z By Adrianne Appel
The Securities and Exchange Commission charged bankrupt fashion retailer Express with failing to disclose nearly $1 million in perks to a former chief executive, but did not levy a financial penalty thanks to its cooperation, the SEC said.
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